Get preapproved over the phone (716-847-6960, option 3), at the branch, or online before you go shopping. A pre-approval will let you know how much car you can afford and makes negotiating that much easier.

• Copy of NYS ID :Required for all applicants
• Proof of Income: must be submitted for any income you wish for us to consider
  • Employed: Two (2) most recent paystubs from your current employer
  • Social Security or Retirement Income: Bank or Benefits Statement if you do not have full direct deposit with BMFCU
  • Self Employed: Last two (2) most recent years’ tax returns showing adjusted gross
• Buyers Order: Must list all applicants & indicate whether the vehicle is New or Used
• $20.00 Loan Processing Fee
• Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder

 

• Additional Documents Required:
  • New Vehicles: Copy of the window sticker
  • Used Vehicles: A Carfax supplying accident, service, ownership and vehicle use history. Most dealerships will provide buyers with a Carfax. If you are unable to obtain a Carfax, please let us know.

Printable Form

• Bill of Sale: Must include buyers name(s), total amount due, vehicle make, model, trim, mileage, down payment information, & indicate whether the vehicle is new or used.
• Copy of front and back of the title: If the vehicle has a lien, the seller must provide a lien release or a 10-day payoff from the financial institution that holds the lien.
• Diagnostic Report: A diagnostic can be done by most dealerships, auto parts stores (Auto Zone & Pep Boys typically do not charge) & repair shops that are able to print the results. A diagnostic check is a scan performed on your vehicle to look for any majoe existing issues & only takes a few minutes to complete. (Used Autos only)
• Proof of Income: Must be submitted for any income you wish for us to consider:
  • Employed: Two (2) most recent paystubs from your current employer.
  • Social Security or Retirement: Bank or Benefits Statement if you do not have full direct deposit with BMFCU.
  • Self Employed: Copies of two (2) most recent years’ tax returns showing adjusted gross income.
• $20.00 Loan Processing Fee
• Copy of NYS ID: Required for all applicants.
• Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder.

Printable Form

• 10 Day Payoff Statement that includes the following:
  • Name of current lienholder
  • Account number
  • Payoff address
  • Payoff amount including per diem amount
  • Vehicle information (year, make, model, VIN)
• Copy of front and back of the title (submit with application) and original title upon approval
• Copy of NYS ID (All Applicants)
• Proof of Income: must be submitted for any income you wish for us to consider.
  • Employed: Two (2) most recent paystubs from your current employer.
  • Social Security or Retirement: Bank or Benefits Statement if you do not have full direct deposit with BMFCU
  • Self Employed: Copies of two (2) most recent years’ tax returns showing adjusted gross income.
• $20.00 Loan Processing Fee
• Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder
• Diagnostic Report – (required if vehicle is 3+ year-old or over 30,000 miles) A diagnostic can be performed by most dealerships, auto parts stores (Auto Zone & Pep Boys typically don’t charge) & repair shops that are able to print the results. A diagnostic check is a scan performed on your vehicle to look for any major exisitng issues & only takes a few minutes to complete.

Printable Form

Insurance is helpful, but it may only cover the market value of your vehicle when it’s stolen or damaged beyond repair. This amount may be less than what you owe on your loan. That’s where GAP comes in! GAP pays the difference between your insurance payout and the loan balance.

Learn more here >

Repairs are expensive and hurt your family’s monthly budget. Lose the stress about potential vehicle damage with a VSC. A VSC covers costly repairs and is a helpful add-on if you have a short-term warranty (or none at all). Drive with confidence knowing your vehicle is protected. It offers peace of mind and reliable coverage for unexpected repairs.

Apply for a Vehicle Service Contract >

• Buyers Order: Required for all applicants
• Proof of Income: must be submitted for any income you wish for us to consider.
  • Employed: Two (2) most recent pay stubs from your current employer
  • Social Security or Retirement: Bank or Benefits Statement if you do not have full direct deposit with BMFCU
  • Self Employed: copies of two (2) most recent years’ tax returns showing adjusted gross income
• Copy of NYS ID: Required for all applicants
• $20.00 Loan Processing Fee (if vehicle is titled)
• $40.00 U.C.C. Filing Fee (non-titled vehicles ex: jet ski)
• NADA (when purchasing from a dealer)
• Copy of front and back of title or registration if purchasing a non-titled vehicle (private) title or Registration copy: Provide a copy of the front and back of the title or registration for non-titled vehicles (private sale purchases only)
• Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder

Printable Form